Turkiye Garanti Bankasi A.S. Secures CMB Approval for Foreign Bond Issuance

Turkiye Garanti Bankasi A.S. has received approval from the Capital Markets Board (CMB) for the issuance of bonds to foreign markets. This approval is a step under their established Global Medium Term Notes (GMTN) program, aimed at facilitating borrowing through various currencies, maturities, and series.

The approved issuance includes a bond with the ISIN XS3363463806. It has a nominal amount of GBP 16,000,000. The bond's issue date is April 30, 2026, with a maturation date set for May 5, 2027. This indicates the bank’s strategic move to attract overseas investment and diversify its financing sources.

This initiative aligns with Garanti BBVA’s financial strategy to enhance liquidity and support its growth ambitions in international markets. The announcement clarifies that, in the event of discrepancies, the Turkish disclosure will take precedence.